CapitaLand Integrated Commercial Trust (OTCMKTS:CPAMF) is a Singapore-based real estate investment trust that owns and manages a diversified portfolio of integrated commercial properties. The trust’s assets comprise retail malls, office towers and mixed-use developments located primarily in Singapore, with select regional holdings that enhance its exposure to key markets in Asia. CICT aims to provide unitholders with stable distributions and long-term growth through active asset management and strategic capital allocation.
CICT was formed in September 2021 through the merger of CapitaLand Mall Trust and CapitaLand Commercial Trust, creating one of Asia’s largest integrated commercial REITs. Its portfolio features iconic assets such as Raffles City Singapore, Plaza Singapura, Bugis Junction and Raffles City Shanghai. These properties combine shopping, dining, entertainment and office space under a single roof, catering to both domestic consumers and international visitors.
The retail component offers a broad tenant mix across fashion, food and beverage, lifestyle and entertainment segments, while the office spaces serve multinational corporations, professional services firms and regional enterprises. Many of CICT’s properties are situated in prime business districts and suburban catchments, providing resilience through diversified foot traffic and income streams.
CICT is managed by CapitaLand Investment Management Limited, a wholly owned subsidiary of CapitaLand Group, which handles leasing, asset enhancement and sustainability initiatives. Under the leadership of Chief Executive Officer Lee Chee Koon, the trust focuses on portfolio optimization, green building practices and enhancing stakeholder value through proactive leasing strategies and capital recycling.
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